Skip to Content
Morningstar

State Farm Municipal Bond SFBDX

Morningstar Medalist Rating
Medalist Rating as of | See State Farm Investment Hub
  • NAV / 1-Day Return 8.09  /  0.00
  • Total Assets 541.4 Mil
  • Adj. Expense Ratio
    0.170%
  • Expense Ratio 0.170%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 3.05%
  • Effective Duration —

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

Morningstar’s Analysis SFBDX

Will SFBDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SFBDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SFBDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SFBDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

State Farm Municipal Bond earns a Morningstar Medalist Rating of Neutral with strength in areas such as Process offset by weaker spots such as People.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings SFBDX

More SFBDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Northern Institutional Treasury Premier

1.79 10.1 Mil
Cash and Equivalents

VIRGINIA ST HSG DEV AUTH COMWLTH MTG 3.9%

1.00 5.6 Mil
municipal

MISSOURI ST HWYS & TRANS COMMN ST RD REV 5%

0.99 5.6 Mil
municipal

ILLINOIS FIN AUTH REV 2.25%

0.99 5.6 Mil
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 2%

0.99 5.5 Mil
municipal

METROPOLITAN COUNCIL MINN MINNEAPOLIS-ST PAUL MET AREA 3.75%

0.98 5.5 Mil
municipal

KANSAS ST DEPT TRANSN HWY REV 5%

0.96 5.4 Mil
municipal

KING CNTY WASH SCH DIST NO 414 LAKE WASHINGTON 4%

0.92 5.2 Mil
municipal

ENERGY NORTHWEST WASH ELEC REV 5%

0.92 5.2 Mil
municipal

KING CNTY WASH SCH DIST NO 405 BELLEVUE 3%

0.91 5.1 Mil
municipal